HighByte Announces Series A Raise to Accelerate Growth
Industrial software company secures $12 million Series A funding round led by Standard Investments Portland, ME, April 23, 2024 — HighByte®, an industrial software company, today announced its Series A funding round led by Standard Investments, a platform investing in innovative growth companies at the intersection of the digital and physical worlds. Standard Investments is leading the round with participation from existing HighByte investors, including Exposition Ventures, Maine Venture Fund, and outstanding convertible note holders. New funds will be primarily allocated across research and development, strategic partner management, and customer success to accelerate market penetration and expand deployments within existing accounts.